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Stocks Extend Losses, Reversing Early-Week Gains

Stocks Extend Losses, Reversing Early-Week Gains

The tech-focused Nasdaq Composite slipped 0.7%, or 75.33 points, to 11073.31. “This week has been a really good example of where market psychology is,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance. The week’s seesaw reflects investors’ attempts to wrestle with the U.S. economy’s uncertain path as it absorbs the Federal Reserve’s interest-rate hikes.